US, China Send Powerful Signals But Long Road Ahead: NEF Wrap
- China, recession and trade in spotlight at New Economy Forum
- US trade chief Tai says Biden-Xi meeting is a powerful signal
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Prospects for a thaw in US-China relations dominated discussions on the opening day of the Bloomberg New Economy Forum in Singapore, with current and former policy makers tempering their optimism with warnings of ongoing friction.
US trade chief Katherine Tai said Monday’s face-to-face meeting between US President Joe Biden and Chinese President Xi Jinping was a “really good thing.”